Slb (SLB) Return on Capital Employed (2009 - 2026)
Slb (SLB) recorded quarterly Return on Capital Employed of 36.8% in Q1 2026, down 7.17% quarter-over-quarter from 39.64% in Q4 2025, and down 2896.0% on a YoY basis from 1.32% in Q1 2025.
Slb (SLB) Return on Capital Employed (2009 - 2026) Analysis & Trends
Slb's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 36.8% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 2896.0% year-over-year to 36.8%; the TTM figure through Mar 2026 stood at 36.8% (down 2896.0% YoY), while the FY2025 annual figure was 2.42%, down 92.0% from the prior year.
- Return on Capital Employed was 36.8% for Q1 2026 at Slb, down from 39.64% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 68.81% in Q4 2024 to a low of 19.29% in Q1 2022.
- Historically, Return on Capital Employed has averaged 46.22% across 5 years, with a median of 49.11% in 2022.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed surged 3661 bps in 2022, then sank 2917 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 49.11% in 2022, then decreased by 22 bps to 38.09% in 2023, then soared by 81 bps to 68.81% in 2024, then tumbled by 42 bps to 39.64% in 2025, then slipped by 7 bps to 36.8% in 2026.
- The last three Return on Capital Employed figures came in at 36.8% (Q1 2026), 39.64% (Q4 2025), and 51.37% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 36.80% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 35.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.84% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 27.54% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 2.02% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 4.37% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 19.80% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 20.30% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 8.84% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 2.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.80% |
| Dec 31, 2025 | 39.64% |
| Sep 30, 2025 | 51.37% |
| Jun 30, 2025 | 58.05% |
| Mar 31, 2025 | 65.76% |
| Dec 31, 2024 | 68.81% |
| Sep 30, 2024 | 56.22% |
| Jun 30, 2024 | 50.74% |
| Mar 31, 2024 | 45.16% |
| Dec 31, 2023 | 38.09% |
| Sep 30, 2023 | 48.79% |
| Jun 30, 2023 | 54.30% |
| Mar 31, 2023 | 53.56% |
| Dec 31, 2022 | 49.11% |
| Sep 30, 2022 | 29.26% |
| Jun 30, 2022 | 20.73% |
| Mar 31, 2022 | 19.29% |
| Dec 31, 2021 | 12.51% |
| Sep 30, 2021 | 6.62% |
| Jun 30, 2021 | 10.14% |